eu india joint initiative for enhancing trade and investment textiles clothing working papers business forum brussels sept 26 2002 this text has been drafted with financial assistance from the asia invest programme of commission european communities views expressed herein are those experts appointed by team includes members associates dmi france ace global do not engage indian government or federations executive summary which is world s second largest exporter importer a major developing both significantly affected currently changing conditions in toward quota free regime beyond 2005 face common challenges protection domestic enterprises while increasing market access opportunities imports sustained growth exports preferential arrangements that benefit competitors besides multilateral dialogue there need sides to mutual confidence raising exercises improve climate at bilateral level